NYSE:DRIHospitality
Will Stronger Same-Restaurant Sales And Raised 2026 Outlook Change Darden Restaurants' (DRI) Narrative
In March 2026, Darden Restaurants reported third-quarter sales of US$3,345.3 million, up from US$3,158.0 million a year earlier, while net income eased to US$306.8 million from US$323.4 million and earnings per share edged lower.
Alongside this, the company raised its fiscal 2026 outlook with expected total sales growth of about 9.5% and same-restaurant sales growth of about 4.5%, signaling confidence in its brands’ ability to grow traffic and spend despite mixed profit trends.
We’ll now...